The General Meeting of Hungarian Bankholding approved the appointment of dr. Zsolt Barna as CEO
From 1 January 2022, dr. Zsolt Barna manages Hungarian Bankholding as Chairman and CEO of the banking group. In addition to managing the business activities of Budapest Bank, MKB Bank and Takarék Group, the task of the expert – who is leading the merger process since last September – is to successfully implement the fusion and transformation of the three financial institutions.
On 15 December, the General Meeting of Hungarian Bankholding Ltd. elected dr. Zsolt Barna as CEO. Pursuant to the decision, the Chairman of the Board of Directors of the banking group, who took over the tasks of the CEO on 1 December 2021, will manage Bankholding as Chairman and Chief Executive Officer from 1 January 2022.
Building on his extensive banking knowledge and management experience, dr. Zsolt Barna directs and coordinates the business areas of the three member banks, Budapest Bank, MKB Bank and Takarék Group. In addition, he is also responsible for the implementation of the fusion steps regarding the merger of the three financial institutions and for the harmonization of the banking group’s operations.
By implementing the plans outlined in the fusion timetable, the merger and the transformation of the three banks can be successfully completed, which is a unique professional task even at a regional level. The merger will result an integrated, universal bank which fully serves the needs of both retail and corporate clients. The aim of the emerging superbank is to cover the full market spectrum and all customer segments in the future, with a significant emphasis on the provision of new, modern range of products and services to retail, micro, small and medium-sized enterprise and agricultural customers.
The expert started his career at the National Monetary and Capital Market Supervisory Authority. From 1998 he was the Head of Department, from 2004 he was a Director, and later the Managing Director of the Supervisory Board of Directors at the Hungarian Financial Supervisory Authority (PSZÁF).
He joined the OTP Group in 2010, and during his career at the group he managed OTP Ingatlan Befektetési Alapkezelő Ltd., and from September 2018 to July 2020 he was the Deputy CEO of OTP Bank Plc. He also gained unique international experience during this period: he led the first major international subsidiary integration of the financial institution in Croatia, as well as the reorganization of CKB Bank in Montenegro.
Since September 2020, he has been the Chairman of the Board of Hungarian Bankholding Ltd. Since January 2021, he also holds the position of Chairman and Chief Executive Officer of MKB Bank Plc.; furthermore, he participates in the management of certain subsidiaries of the MKB Group as a senior member of the Board.
Hungarian Bankholding Ltd.
Hungarian Bankholding Ltd. is a domestically owned financial holding company, which aims to implement the merger of Budapest Bank Zrt., MKB Bank Nyrt. and Takarék Group. The company commenced its effective operation on 15 December 2020, after MNB (acting as the central bank of Hungary) approved the merger of three credit institutions, and the shares of the key owners were transferred to the joint holding company. By transferring the in-kind contributions, the second largest banking group in Hungary has been established.
In March 2021, the Board of Directors and the Supervisory Board of the Hungarian Bankholding approved their five-year strategy for the merger of the member banks, based on which the fusion of the three credit institutions is planned to be concluded in 2023. The aim of the emerging large bank is to be the most modern bank in Hungary, which will introduce flexible, internationally leading digital solutions. The new large bank will serve the full market spectrum and all customer segments in the future, with a significant emphasis on the provision of new, modern range of products and services to retail, micro, small and medium-sized enterprise and agricultural customers.